Thanks to more stringent upcoming emissions regulations and growing environmental concerns, most automakers are turning to electric vehicles. But battery technology is proving to be prohibitively expensive, pricing EVs well out of reach of the average buyer. However, for those residing in the state Oklahoma, federal and state tax credits can put an EV in your driveway for a mere $865.
OK, so $865 won’t exactly get you a Tesla Roadster, but it can get Oklahoma residents a brand new Kandi Coco. Never heard of the Coco? That’s because it’s a neighborhood electric vehicle, but the glorified golf cart does qualify for federal and state tax credits due to its electric drivetrain.
The Kando Coco retails for $10,599, but is eligible for a federal tax credit of $4,435. Throw in a 50 percent state tax credit for electric vehicles – worth $5,299 in this case – and Oklahoma residents can purchase a brand new Kandi Coco for just $865.
All in, that gives a tax break of $9,734 to Coco buyers – a full $2,234 more than the $7,500 tax credit that will be available to buyers of the Chevrolet Volt. While the Coco and Volt may share some of the same luxury features – including four-wheel disc brakes, independent suspension, AM/FM stereo with USB/MP3 port and a fully automatic transmission with reverse – the Coco’s top speed of 25mph ensures it won’t useful outside of gated communities. Then again, the Coco sure beats walking.
12/17, 6:17 PM
posted by:
JakeK66
Sold! Heck, if they all could be hadfor that kind of change, EVs would be popular!
12/17, 6:19 PM
posted by:
jayjc08
…. Chinese? Korean? Mexican built? Cheap? Plastic? Unsafe?
…Car?
12/17, 6:22 PM
posted by:
Chris C.
I’ve driven one… pretty damn fast off the line and not all that bad to drive. For cruising the neighborhood and down to the convenient store, it’s not such a bad idea…. (for $800)
12/17, 6:28 PM
posted by:
carstuff
I want one at that price! Cannot drive it around here but would be fun to take up the lake!
12/17, 7:00 PM
posted by:
beatusmongous
Awesome! A wonder if I can get one in Las Vegas? I’ve seen stuff like this on The Strip when I go down there to shoot, but we can only rent them and not buy them. Something like this for my daily commute wouldn’t be too bad. Almost all of my commute is under 30 mph anyway.
12/17, 7:02 PM
posted by:
beatusmongous
I, not A. WTF?
12/17, 7:07 PM
posted by:
05Z88Path
Almost all of your commute is under 30mph? That’s like a car guys hell….
12/17, 7:22 PM
posted by:
idrinorbarsaku
damn, I want one for 900 bucks!
12/17, 7:35 PM
posted by:
beatusmongous
Yeah, 05Z88Path, my commute kind of sucks. I do go out on weekends and hit other roads, and my family loves road trips. But my daily commute is just 7 miles at 30 mph. There’s a small section, about 500 feet, that is in a 45mph zone, but that’s it. There are a lot of stop lights, too, but they’re short. I could technically ride my bicycle to work as quickly as I could drive a car there.
12/17, 7:37 PM
posted by:
DB9
Yes, go ahead waste more of public revenue on politically opportunistic programs that will have zero affect on what they’re targeting. They raise enough in gas taxes to fund the nation’s road infrastructure; however, because it goes into general revenue they are always crying for more. With the substantial shortfall in most jurisdictions revenue you would think that they would find a more revenue neutral way of scoring political green points. Funny how nobody cares to bring up what is going to offset the incentives and rebates; Oh wait, I got it, how about eco-taxes or better yet a consumption tax on all goods and services (a VAT). While we’re at it… Hey, higher gas taxes kids; after all it’s bad for “Gaia.” No, wait energy taxes built into the whole production and consumption chain…. We could pay off the debt and buy a couple of thousand B2s and F22s, another Carrier… Oh the possibilities… Don’t laugh, it’s closer than some y’all think;-))
Just wait and see they’re all being coy till after next November;-) What’s that old saying about fool me once… fool me twice…
DB9;-))
PS. As the adage goes: Best to be careful what y’all ask for…;-)
PS. To the PS. Bermuda is looking better and better all the time; it’s no wonder that so many are…
12/17, 8:58 PM
posted by:
Borat
This is too much. When children were little I bought them Jeep in Sears for 200 bucks. They enjoyed it and fought over who is driver and then we gifted to neighbors kids.
12/17, 11:45 PM
posted by:
cocksterS
Amen DB9
12/18, 1:03 AM
posted by:
A4
Do they use Fuzziwigs as a dealership?
12/18, 3:30 AM
posted by:
KarLoveBoy88
That would be my work car….I love across the street from my job.
12/18, 3:32 AM
posted by:
jzcarguy
Or you can buy a golf cart and take off the governor.
12/18, 3:38 AM
posted by:
jzcarguy
05Z88 said it well for ya Beastmongous, sounds like not a fun place to drive much – im going to be heading out to vegas for 8 weeks to do some student teaching here in a little while. I suppose driving stick will not be too fun with all that traffic, so this car could make sense for ppl in ur situation.
12/18, 12:49 PM
posted by:
beatusmongous
JZCarGuy, you’ll be fine. Vegas is a decent place to drive. I just happen to live up the street from my work, and the street is a slow street with a lot of lights, which isn’t all that common here. People look at me funny when I tell them I don’t get on the freeway to go to work, because almost everyone else does. But getting on the freeway would actually take longer for me, since it’s out of the way. The freeways tend to flow well, and so do most of the other streets. You’ll be fine with a stick. Avoid driving on The Strip on the weekends, though, because that’s where the traffic is really bad (thanks to all the teenagers trying to get some tail).
12/18, 2:32 PM
posted by:
jzcarguy
haha thats cool though that you live so close to work – sure cuts down on annual fuel costs for sure. Good tip about the Strip though! thanks. I will have to check it out at some point, but maybe not on a weekend.